368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com
215 Broadway Avenue, Welland, ON L3C 5L7
$599,000
  • Sale
  • Detached
  • 3 days ago
  • Updated: 2026-03-28

Overview

  • Detached
  • 11
  • 8
  • 2
  • 2500-3000
  • 100+

Description

This former church building (duplex and/or single family home) offers a very spacious owner occupied rear unit (with 5 bedrooms, kitchen, dining room, living room, laundry, pantry and 3 pc bathroom plus a large patio area) and a front unit with 6 large bedrooms, currently rented, with each bedroom having its own 2 pc washroom (5 rooms @ $700/month and 1 room @ $630/month on next increase). Tenants in the front unit share a kitchen, living room and 3 pc bathroom with shower. The rear owners unit could be rented for an additional $3,000 or more a month. Updates include roof shingles 2019, two high efficient furnaces 5-6 yrs old and central air. Electric hot water tank is owned, gas one is rented. 600 amp updated electric service. Some parking. Owner is willing to stay on and rent the rear unit and manage the 6 rooms that are currently rented or he can vacate on closing if the buyer wishes. Current rental income $46,240 (in the front unit only) with expenses of property taxes $2930, hydro $4870, gas $3760, rental water heater $540, water $2530. Buyer can live in the beautiful and spacious rear owners unit and let the tenants in the front unit pay the bills including the mortgage!

Details

  • X12932406
  • 2
  • $599,000
  • Owner+Tenant
  • None
  • 2 + 2
  • 1 Storey/Apt
  • 11
  • 8
  • 2500-3000 Sqft
  • N/A Acres
  • 100+
  • Detached
  • Sale

Additional details

  • Forced Air / Gas
  • RL2, CC2
  • $3119
  • 2025
  • LTS 45 & 46, PL 949; PT LANE, PL 949 (CLOSED BY BL126); PT LT 44 PL 949 PTS 1 & 2 59R8268 , TOG WITH AN EASEMENT OVER PT LT 44, PL 949 DESIGN. AS PT 3 59R8268, AS SET OUT IN RO754816 ; WELLAND
  • N/A
  • N
  • Crawl Space
  • Central Air
  • Patio
  • Municipal

Rooms

Level x

Near properties

Mortgage Calculator

  • Total Amount
  • Down Payment
  • Loan Term
  • Interest Rate
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Land Transfer Tax
  • CMHC

Estimate Your Rental Return

Enter your expected mortgage, annual expenses, and rental income to calculate monthly cash flow for this Toronto investment property.

3%
Monthly Cash Flow
net per month
Annual Cash Flow
net per year
Monthly Costs
mortgage + expenses
Cost Coverage
costs vs rent

Toronto · Ontario  ·  Estimates only. Not financial or investment advice. Consult a licensed mortgage broker and accountant before making investment decisions.

FAQ
  • What is the total square footage of the X12932406 - 215 Broadway Avenue, Welland, ON L3C 5L7?

    The total square footage of this property is 2500-3000 SqFt.

  • What schools near to X12932406 - 215 Broadway Avenue, Welland, ON L3C 5L7?

    .

RoofUp
Logo